Stock Index Weekly Market Type Analysis 22/06/2015

Each week I review the current market type and fundamental considerations on a variety of stock and commodity indices. Market type analysis is critical to trade planning.  

MT = Market Type ( See lesson 8 in the Share Investing Course for Smart People)

  • US Dow Jones – MT is sideways normal. Wait for now. Sideways market holding and bullish engulfing suggests longs back in control but wait for confirmation.
  • US S&P 500 – MT is bull quiet. Remain long with caution.
  • US Nasdaq – MT is bull normal. Continue to buy.
  • US Russell 2000 – MT is bull normal. Continue to buy.
  • UK 100 – MT is sideways normal.  Wait for clearer direction.
  • Europe  50 – MT is bull volatile. Wait for clearer direction.
  • Germany 30 – MT is bull volatile. Wait for clearer direction.
  • France 40 – MT is sideways normal. Wait for clearer direction.
  • Italy 40 – MT is sideways normal. Wait for clearer direction.
  • Spain 35 – MT is sideways normal. Wait for clearer direction.
  • Swiss 20 –  MT is sideways normal. Wait for clearer direction.
  • Netherlands 25 – MT is sideways normal. Wait for clearer direction.
  • Japan 225 – MT is bull normal. Continue to buy.
  • Honk Kong 33 – MT is bull volatile. Wait for now.
  • Singapore 30 – MT is just sideways volatile. Price recovering and bullish engulfing candle suggests buy.
  • Australia 200 – MT is sideways volatile. Wait
  • Gold – MT is sideways normal. Wait.
  • Gold vs EURO – MT is sideways normal. Wait.
  • Silver – MT is sideways normal. Wait
  • Silver vs EURO – MT is sideways normal. Wait.
  • Copper – MT is bear volatile. The sell we identified continues to play out. Continue with shorts.
  • Brent Oil – MT is sideways normal. Wait.
  • WTI Oil – MT is sideways normal. Wait.
  • US 30 year Bonds – MT is sideways volatile. Volatile market so stay out.
  • US 10 year Bonds – MT is sideways volatile. Wait for now.
  • German 10 year Bonds – MT is sideways volatile. Weak follow through on last weeks cautious buy. Tred carefully.
  • UK 10 year Bonds – MT is bear normal. Look to sell.

About the Author

Sam Eder is the author of the Share Investing Course for Smart People. He is the founder and head trader at market beating stock investing service SpoonFed Investor. If you like his writing you can subscribe to his newsletter.

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